Crypto Trading Basics: What You Need to Know

 

Trading crypto is one of the most popular ways to earn — but also one of the riskiest. Here are the essentials.

🛒 What Is Crypto Trading?

Crypto trading is the act of buying low and selling high on cryptocurrency markets.

📈 Types of Trading

  • Spot Trading – Simple buy/sell at current price

  • Day Trading – Frequent trades within a day

  • Swing Trading – Holding for days or weeks

  • Scalping – Dozens of small trades daily

🔧 Tools You’ll Need

  • Exchange account (Binance, Kraken, Coinbase)

  • TradingView for charts

  • Risk management strategy

  • Possibly a crypto tax tracker

⚠️ Risk Management Tips

  • Use stop-loss orders

  • Never risk more than 1–2% per trade

  • Don’t trade with emotions

  • Practice on demo accounts first

Trading takes skill and discipline, not just luck.

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